First Week of March 17th Options Trading For World Wrestling Entertainment (WWE)

Investors in World Wrestling Entertainment Inc (Symbol: WWE) saw new options available this week, expiring March 17. A stock options channelOur YieldBoost formula has searched up and down WWE’s option chain for the March 17 new contracts and identified one put and call option contract of particular interest.

The put contract at the strike price of $85.00 has a current bid of $3.00. If an investor were to sell to open that sales contract, he or she agrees to buy the shares at $85.00, but will also collect the premium, putting the cost basis of the shares at $82.00 (before broker fees). runner). For an investor already interested in buying WWE stock, that could present an attractive alternative to paying $88.78 per share today.

Because the $85.00 strike represents an approximate 4% discount from the stock’s current trading price (in other words, you’re out of the money by that percentage), there’s also the possibility that the sales contract could expire worthless. . Current analytical data (including Greek and implicit Greek) suggests that the current odds of that happening are 66%. The Stock Options Channel will track those probabilities over time to see how they change by posting a graph of those numbers on our website under the contract details page for…